PTDA Business Index shows rapid expansion in the power transmission/motion control market

Written by  Mike Edwards June 22, 2011
Chicago — Firms seeking a glimmer of hope that economic conditions are improving, despite recent media reports to the contrary, need look no further than the Power Transmission Distributors Association (PTDA) Business Index.
The PTDA Business Index indicated 1Q2011 was the fourth consecutive quarter for business growth among PTDA members. With a reading of 85.5, the recently released first quarter results indicate the power transmission/motion control industry expanded at a faster pace compared with 4Q2010 when the index was at 73.4.

[Note:  The index reading indicates the rate of change compared with the previous period. For example, a reading of 50 indicates no change from the prior period while readings above 50 indicate growth and below 50 indicate contraction. The further the index is above or below 50 suggests a faster or slower rate of change.]

The table below provides an overview of the results and a breakout reading of the PTDA Business Index by distributor and manufacturer.

1q2011

The PTDA Business Index full report is available through PTDA’s website at www.ptda.org/Index. It includes U.S. and Canadian breakout data in addition to historical data. Conducted jointly by PTDA and Cleveland Research Company, the PTDA Quarterly Business Index was modeled after the widely respected Purchasing Managers Index and tracks change in business activity, new orders, employment, supplier deliveries, inventories, prices and backlog in the PT/MC market to arrive at an overall index.

Founded in 1960, the Power Transmission Distributors Association (PTDA) is the leading association for the industrial power transmission/motion control (PT/MC) distribution channel.  A U.S.-based trade association, PTDA represents 188 power transmission/motion control distribution firms that generate more than $10 billion in sales and span 3,500 locations in North America and 11 other countries.  PTDA members also include 187 manufacturers that supply the PT/MC industry.

PTDA is dedicated to providing exceptional networking, targeted education, relevant information and leading-edge business tools to help distributors and manufacturers meet marketplace demands competitively and profitably.  For more information, visit www.ptda.org.
Mike Edwards

Mike Edwards

Editorial Director: Ryerson Polytechnical Institute electronic engineering technologist with over a decade of manufacturing experience and 20-plus years in technical publishing, is also trained in hydraulics, electro-pneumatics, bearings, mechanical CAD software, sensors, motor drives and electric motors.

Website: www.dpncanada.com

Add comment


Security code
Refresh

  • Digital Catalogues
    • Daemar Inc.
      Your online source for Shaft Seals, O-Rings, Retaining Rings, Bushings, Shaft Repair Sleeves, Shim, Keystock, Mechanical Seals, Braided Packing and Protective Closures.

Featured Videos

  • Hannover Messe 2012: Philip Harting interview Philip Harting, senior vice president of Harting Inc., spoke with DPN editorial director Mike Edwards at last week's Hannover Messe 2012. Harting spoke about the importance of the annual trade fair, the emergence of his company on the global stage, the need for corporate governance on carbon dioxide emissions and on Harting energy management technologies.
More Videos...